An LAB public sale participant who put $5,000 into the offering in October 2025 briefly saw the position’s value climb to about $5.6 million, according to monitoring data cited by Odaily from Ai Yi. Based on token price calculations, the holding at one point delivered a paper return of roughly 1,120x.
That gain did not hold. Odaily said the project team later unilaterally delayed the token unlock schedule. The participant, identified as @Skylinee, only recently received the unlocked tokens. By the time the tokens became available, their value had dropped to about $3,219.
Measured against the earlier paper peak, that represents a decline of about 99.94%. The case highlights the gap that can emerge between peak mark-to-market valuations and the amount investors are actually able to realize once lockups end and tokens become transferable.
An LAB public sale participant who invested $5,000 in October 2025 briefly saw the position’s value rise to about $5.6 million, according to monitoring data from Ai Yi cited by Odaily. Based on the token price at the time, the holding at one point showed a paper return of roughly 1,120x.
The project team later unilaterally postponed the token unlock. Odaily said the participant, @Skylinee, only recently received the unlocked tokens. At current pricing, those tokens are worth about $3,219, down about 99.94% from the earlier paper peak.
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